Vipshop Target of Unusually High Options Trading (NYSE:VIPS)

Vipshop Holdings Limited (NYSE:VIPS) saw some unusual options trading on Wednesday. Stock traders acquired 6,624 put options on the stock. This is an increase of approximately 379% compared to the typical daily volume of 1,384 put options.

Vipshop Stock Up 1.7 %

Shares of Vipshop stock opened at $16.13 on Friday. The stock has a market capitalization of $8.28 billion, a P/E ratio of 7.72, a PEG ratio of 1.52 and a beta of 0.30. The stock has a 50 day moving average price of $14.14 and a two-hundred day moving average price of $14.03. Vipshop has a 12-month low of $11.50 and a 12-month high of $20.19.

Vipshop (NYSE:VIPS) last announced its earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. Sell-side analysts anticipate that Vipshop will post 1.95 earnings per share for the current year.

Vipshop Announces Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a $0.43 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop’s dividend payout ratio is 24.24%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Citigroup lowered their target price on Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Barclays lifted their price target on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a report on Wednesday, November 20th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.64.

Institutional Investors Weigh In On Vipshop

Several hedge funds have recently modified their holdings of the business. Asset Management One Co. Ltd. raised its stake in shares of Vipshop by 2.0% in the third quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company’s stock valued at $770,000 after purchasing an additional 954 shares in the last quarter. Atomi Financial Group Inc. raised its stake in shares of Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock valued at $165,000 after purchasing an additional 1,191 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Vipshop by 5.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company’s stock valued at $349,000 after purchasing an additional 1,400 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock valued at $134,000 after purchasing an additional 1,487 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in Vipshop by 3.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company’s stock worth $594,000 after acquiring an additional 1,500 shares in the last quarter. 48.82% of the stock is owned by institutional investors.

About Vipshop

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.